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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 540 690 840 Total costs Variable

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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 540 690 840 Total costs Variable costs $ 73,980 ? 7 Fixed costs 148,500 2 ? Total costs $222,480 ? 7 Cost per unit Variable cost per unit ? ? 2 Fixed cost per unit ? ? 2 Total cost per unit ? ? Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $519 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 890 canoes. Complete the contribution margin income statement for the company. Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $519 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 890 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Complete the table. (Round your cost per unit answers to 2 decimal places.) Number of Canoes Produced and Sold 540 690 840 Total Costs Variable Costs $ Fixed Costs 73,980 148,500 222,480 $ $ 0 $ 0 Total Costs Cost per Unit Variable Cost per Unit Foxed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0.00 Required 3 >

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